Life Hub @ Daning

Life Hub @ Daning is a large-scale, retail-anchored mixed-use project in the Daning neighborhood of Zhabei District, Shanghai, China. The site was acquired in September 2003, and construction started in October 2004. The retail and office portions were completed in June 2006, and the hotel in October 2006. The retail and office buildings opened for business in October 2006, and the hotel opened in April 2007. With total gross floor area (GFA) of about 250,000 square meters (2.7 million sq ft), of which 200,000 square meters are above ground and 50,000 square meters are below ground, the project is arguably the most successful retail-anchored mixed-use development in the northern part of Shanghai. It has transformed Daning and its surrounding areas in Zhabei District, long considered a low-income and underdeveloped neighborhood with limited retail and entertainment amenities, into a vibrant community. With full occupancy for its retail component and consistently high occupancy for its office and hotel components, the project is highly successful both operationally and financially. The project won the prestigious National Award for Model Community and the Cityscape Asia Real Estate Award for Best Developer in 2008.